Ontario New Home Sales Surge | Toronto News

New home sales in Ontario exploded 130% in Q2, fueled by a temporary HST rebate for homes under $1 million—offering up to $130K back to buyers. Industry leaders credit the program with reviving the market and closing deals on over 4,700 homes, making homeownership more attainable for families. While some brokers caution that the surge still follows a historic low and may not fully explain the boom, the Ontario government remains committed to accelerating housing construction and reducing costs to help more Ontarians own their dream home. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e228bfcaf914a63